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Exam (elaborations)

DC REAL ESTATE PRACTICE EXAM COMBINED SET QUESTIONS WITH 100% CORRECT ANSWERS

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DC REAL ESTATE PRACTICE EXAM COMBINED SET QUESTIONS WITH 100% CORRECT ANSWERS

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Refusing to show apartments, misrepresenting availability, quoting different terms, and
failing to inform persons of color of opportunities to receive more favorable rent is
discrimination based on what protected class?


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Color




Ahmad is a DC licensee who is getting ready for his first-ever closing. He knows that
he must keep his client Cynthia's information confidential, even after his agency
relationship with her ends. When does his responsibility for accounting for her funds
and personal property end?


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, When the closing statement is presented




DC license law allows the mayor to suspend a real estate license without a hearing if
the licensee is an immediate danger to the public. When Brynn's client filed a
complaint about missing trust funds, the mayor immediately suspended Brynn's
license. This is called a(n) ________.


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Summary Suspension




Darnell is a DC real estate licensee whose former client filed a complaint against him.
The real estate commission may impose sanctions if he is found guilty of any
violations. What other entity may pursue penalties against Darnell?


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Attorney General




When a consumer submits a complaint against a licensee, the commission notifies the
licensee, citing the specific law or rule violates. The notice also includes the hearing
date, which occurs no later than


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15 days after the notice

,Which statement is an example of puffery?


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"This condo has the best view this side of the river!"




A DC property is part of The L'Enfant Trust. Which of these activities may be
restricted?


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Changing the exterior paint color of the property




Brenna is a broker who wants to purchase a new house in DC and give it to her
elderly mother. Which of the following statements is true?


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She must disclose her licensed status to any seller whose property she'd
like to make an offer on.




what are the fiduciary duties of a DC property manager?


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, comply with property management agreement, ordinary care, disclose
pertinent facts to the owner, confidentiality, properly account for money
and property, comply with applicable statues, laws, and regulations.




Charlene has been working hard to repay the DC guaranty fund for the $18,000 claim
it paid to one of her past clients. Once she finishes repaying the fund, what will
happen?


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Her license suspension will end




A property manager is not required for:


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delivering or receiving leases and providing information about or showing
units




A DC licensee is working with a buyer who is making an offer to purchase a property.
What should the licensee do immediately after the buyer signs the offer?


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Provide a copy of the signed offer to the buyer

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